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TCS Salary Hike 2025: TCS has rolled out salary hikes in the range of 4.5–7 per cent for a majority of its employees
TCS
TCS Salary Hike 2025: Country’s largest IT services company TCS has rolled out salary hikes in the range of 4.5–7 per cent for a majority of its employees, sources said on Tuesday.
The Tata group company started sending the letters of increment to the employees from late Monday evening, and the increments will be applicable from September, they said.
An official response to an email query sent to the company was awaited.
It can be noted that there has been a slew of headlines on the Human Resources front over the last two months, starting with an announcement to defer pay hikes amid hazy market conditions.
This was followed up with a surprise announcement to axe 2 per cent of the workforce, or around 12,000 employees, and then came an announcement of pay hikes for 80 per cent of the employees.
As per media reports, most of the employees eligible for the hike were in the lower to mid levels of the hierarchy. The sources said the well performers have been given pay hikes of over 10 per cent as well.
The company had reported an inching up of the attrition rate in its June quarter earnings at 13.8 per cent.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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